Dwelling Commencements: methodology

What this metric measures

Number of new dwellings on which construction started each quarter, nationally and by state.

Why it matters: Commencements are the step between approval and completion, and show whether approved homes are actually being started. Together with completions they track the pipeline that eventually eases pressure on prices and rents.

Source & provenance

Publisher

ABS Building Activity, Australia (Cat. 8752.0), dwelling units commenced, all work types, all sectors, original

Update frequency

quarterly

Licence

CC BY 4.0

How the score is computed

The score is a 0–100 normalisation of the latest observation, compared to a baseline window. The traffic-light rating (RAG) reflects both the absolute level and the recent trend.

Direction

Context-dependent

Trend window

24 months

Baseline

Last 10 years

{
  "neutral": true
}